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2010 Rating Revaluation
The 2010 Rating Revaluation took effect from 1st April 2010. As a result the majority of commercial properties experienced changed rateable values.
This new Rating List was deposited following a period of economic difficulty and the credit crunch has clearly had a major effect on rental values throughout the UK. The antecedent valuation date for this revaluation is 1st April 2008. This also coincided with the much criticised changes in empty property relief that have punished many commercial landowners who have been unable to find tenants.
New rateable values and summary valuations were deposited by the Valuation Office Agency on 1st April 2010. Please contact us now for urgent rates advice on the 2010 Rating Revaluation, the first for 5 years.
Sanderson Weatherall offers commercially astute and thoroughly professional advice to clients, which is fully compliant with the RICS/IRRV/RSA Rating Consultancy Code of Practice.
Click here to contact the Rating team.